2-bedroom flat · TQ1 2ES
To rentListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Villa Borghese is the first Italian style Villa in Torquay and is a truly beautiful example. The grounds are very serene with leafy trees and well maintained gardens.
Situated in the popular Lincombes area of Torquay close to the harbour side with all of its amenities and not far from Wellswood Village.
The Apartment has its own private entrance with a stairway up to the front door.
The apartment feels bright and spacious with a modern white kitchen with units to three walls, there are double doors which can remain open to give the space a more open plan feel.
The lounge is large with a gorgeous fireplace and large window with a leafy outlook.
The main bedroom is situated off of the lounge and like the rest of the house has modern grey carpets and has been decorated in stylish greys and whites.
The second bedroom is also a double and there is a further newly fitted shower room with white suite. Outside the property has a good sized garage and off road parking in front.
There are communal gardens with distant sea and harbour views. The property is unfurnished and available now. EPC - E.
Criteria And Notes Criteria: / No Sharers / No SmokingNotes: In order to qualify for a tenancy without a guarantor the total annual income required between the tenants is a minimum of 36 times the monthly rent.
If a guarantor is required the calculation is 42 times the monthly rent.
The 1st months rent will need to be paid in advance and to reserve the property 1 weeks rent is payable as a holding deposit, this is will go towards the full deposit should referencing be satisfactory.
The holding deposit will not be refundable should you fail your referencing or pull out from renting the property. Referencing forms must be completed within 7 days of paying the holding deposit.
The full deposit is equivalent to 5 weeks rent.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Flat 5, Villa Borghese Ridgeway Road, Torquay
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